42720 Somerset Way
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 28, 2024 | Sold | ||
| Sold | |||
| Dec 7, 2023 | Listed by Compass | $739,000 | |
| Listed by Compass | |||
| Sep 27, 2019 | No longer available | - | |
| No longer available | |||
| Jul 20, 2019 | Listed | $468,000 | |
| Listed | |||
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Pristine custom home located on a quiet cul de sac in the prestigious Bermuda Dunes Country Club. Owners have done numerous upgrades recently: Exterior just painted in July; Master bedroom/bathroom remodel to include new shower, flooring, window, French door, new toilets and sink faucets; pool replastered and updated; and front door with designer glass to name a few. The master suite is separated from the other bedrooms and boasts a Texas-sized walk in closet and his and hers water closets!! The other two bedrooms are spacious and have mirrored wardrobes. Living room with slider to pool area has a cozy fireplace and wet bar. Kitchen is open to the family room and has double ovens and a walk-in pantry. Very private rear yard with covered patio, fruit trees and sparkling saline pool/spa with cascading waterfall. Wait - there's more - a 3-car garage and approved RV parking!!! HOA of only $181 a month includes cable TV w/Showtime & HBO & internet & Security! IID for elec. The manager has listed the unit size as 2531 square feet.
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About Bermuda Golf Club Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017